Economy
2016
Government Schemes
Banking in India
UPSC Practice Question

What is/are the purpose/purposes of Government’s ‘Sovereign Gold Bond Scheme’ and ‘Gold Monetization Scheme’?

  1. To bring the idle gold lying with Indian households into the economy
  2. To promote FDI in the gold and jewellery sector
  3. To reduce India’s dependence on gold imports

Select the correct answer using the code given below.

A.1 only
C.1 and 3 only
D.1, 2 and 3
B.2 and 3 only